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RE: $STEEM/BTC Daily Poloniex+Bittrex Technical Analysis / Market Report Update #123, Dec. 6, 2016.
Following digital currencies is completely new to me, so I hope you'll forgive a couple of elementary questions. Your charts are a little hard for me to read. Can you tell me where I can view such charts online -- preferably for free? I wouldn't need anything very fancy. Maybe then I could participate here a little more.
Second, S/R levels are always a consideration, but it looks like quite a run began on about 12/3 (do I see that right?). Is there generally enough intraday volume to trade something like that in a shorter timeframe?
Check out Trading View brotha.
Thanks, looks like this is the place to go.
Give my blog a shot. I have easy-to-read stuff.
I will indeed. Thanks.
Right. You've pointed out that rise very clearly in your first chart.
hello, sure u can, sure i don't mind :), there are tradingview.com (the one i use for poloniex charts) and coinigy.com(the one i use for bittrex), u should have everything u need there, from different tools and indicators to different candle styles, both are free but have a paid option where u get some more options.
Yes there was a runup that started 12/3. basicly once there is a heavy uptrend or downtrend the volume is high enough to do quite decent trades with some bigger positions, the volatility tends to be quite good as well, but on the other hand there are also days where the price is low on volatility AND volume. If you are into interday trading I would recommend to have you're eyes on couple of different coins ;) Volume is always somewhere ;)
Good of you to be patient. Your point about keeping an eye on several coins is WELL taken. :-)
wait for a trade, thats important, cos if u just go in blindly u might ending up bagholding for some time, p.s. yes my charts are being a mess right now, i didn't really remove any lines from earlier, I will rework them soon enough :)
Well, you say they're a mess. I say they were pretty instructive and caught my interest. :-)
Meanwhile, your advice about waiting is a good idea, and so was your comment about intraday volume.
Good to be in touch! I'll be swinging by every so often.